Author: troyashbacher

“He seems to think ‘bill due’ dates are a suggestion. He has literally no savings.”

State Street is reiterating its bullish stance on the artificial intelligence trade despite the Nasdaq’s worst week since April.According to the firm’s chief business officer Anna Paglia, momentum stocks still have legs because investors are reluctant to step away from the growth story that’s driven gains all year.”How would you not want to participate in the growth of AI technology? Everybody has been waiting for the cycle to change from growth to value. I don’t think it’s happening just yet because of the momentum,” Paglia told CNBC’s “ETF Edge” earlier this week. “I don’t think the rebalancing trade is going to…

Key Takeaways Ted Weschler is one of Warren Buffet’s top investment managers at Berkshire Hathaway.Weschler met Buffett when he was a hedge fund manager, paying millions at a charity auction for the chance to have lunch with the legendary investor.It’s been revealed that Weschler grew his retirement savings to more than $269 million, through exhaustive research, investing in stocks only, making concentrated bets, and focusing on long-term value. In a remarkable tale of investment success spanning three decades, Ted Weschler—now one of Warren Buffett’s top lieutenants at Berkshire Hathaway—transformed a modest retirement account into a fortune worth hundreds of millions.…

Over the years, I’ve learned that planning for retirement isn’t just about chasing the next big investment win – it’s about steady, thoughtful steps that build security over time.If you’re anything like me, you value keeping things straightforward. That’s why getting a handle on the 2026 retirement account contribution limits is so important. These limits, announced by the IRS, tell us how much we can tuck away in tax-advantaged accounts such as 401(k)s, IRAs, and Roth IRAs. With inflation nudging these numbers up each year, 2026 gives us a fresh chance to ramp up our savings without stepping into high-risk…

The practice of parents paying their kids an allowance is still going strong.A recent Wells Fargo survey found that 71% of parents who have children between the ages of 5 and 17 give them an allowance, averaging $37 a week. However, about half of parents who responded to the survey struggle to discuss money in a way their children will understand.Offering your kids an allowance can be a great way to teach them financial responsibility and introduce conversations about spending and saving money. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor. CLICK FOR FREE…

Housing security is something I hope everyone will one day obtain. Once you are house secure, you can more easily focus on your career, family formation, and other things you care about. However, if you rent for life, you may face housing insecurity, which can feel especially uncomfortable when you’re older or no longer willing or able to work. Of course, I understand why some people argue against homeownership. They say it’s a poor investment, a hassle, and ties you down. As a homeowner and a landlord since 2003, I get it. But many of those who are anti-homeownership have…